How much did tabs cost you this year?

[04cobra]

I just got a notice saying my tabs for my MS3 is going to be $290!!!

WHAT THE F***

My mustang as $90...why the HELL would my speed3 cost 290. I bought it in October 2007

 

[dmention7]

http://www.senate.leg.state.mn.us/departments/scr/report/transfund.htm#vehicle

# The current passenger vehicle registration tax is imposed by M.S. 168.013 and is calculated based upon the value and age of the vehicle. The tax is equal to $10 plus an additional amount equal to 1.25 percent of the vehicle's base value (manufacturer's suggested retail price).

# The value of the vehicle is depreciated over time as follows: 100 percent of base value for the first and second year; 90 percent for the third and fourth years; 75 percent for the fifth and sixth years; 60 for the seventh year; 40 percent for the eighth year; 30 percent for the ninth year; and 10 percent for the tenth year.

# For the eleventh year and each year thereafter, the additional tax is equal to a flat sum of $25 (total of $35).

EDIT: That document is from 1998, so it may be slightly inaccurate, but it should give a good idea where the registration fee comes from.

Based off those figures, all MS3's would be subject to a registration fee of $10 + 1.25% of the MSRP, so unfortunately $290 sounds about right

 

[keke]

That sound about how much mine costed in May.

 

[blueamcat]

Mine are due this month...$77 I think.

 

[LASERBLUE135]

yah, ms3 $290, sadly that's correct. From what I understand the new gas tax bill increased this amount too. It was just in the star trib the other day.

 

[mndsm]

Bloody hell and mine aren't due til Dec. Time to sell it and buy a Pinto.

 

[JohnnyT]

Holy lord, that means the MS6 ones are going to be even higher....

 

[Picklz]

I thought mine were like $190 or $210 when I paid them this spring...I'll have to double check that. $290 sounds high.

 

[JustROLLIN]

Yeah, mine were only ~$190 when it was the first year.

 

[Z-licious]

You paid them when you got the car too. $290 shouldn't be too much of a surprise

 

[04cobra]

But i dont understand, why my mustang would only be $90, its only 4 years old so if we are using the law posted above...the mustang should have been $400ish since it cost 36,000 new.

 

[Slim]

Often when you buy your car though you don't pay for a whole year.

Your tabs might be good for 10 or 11 months and they pro-rate it.

Also, I think there were some recent changes in those fees.

 

[ZoomZoom Diva]

Under Jesse Ventura, you still pay the initial and first renewal under that formula. After that, it is subject to a $99 cap, so if the calculated amount is over $99, you are limited to $99.

 

[04cobra]

So next year i should pay $99?

 

[DrWebster]

So next year i should pay $99?

Right. My tab renewal this year was $130 because I have DNR plates (they tack on a $30 donation every year). I bought my car in the spring of 2006, and my 2007 tabs were somewhere around $190.

 

[LASERBLUE135]

IF YOU REALLY WANT TO KNOW WHAT YOU'LL PAY...

https://www.mvrenewal.state.mn.us/